These 5 stocks will be towards the top on my day trading radar this week.
This list is made up of high probable stock setups from the previous week’s price movement. These tickers tend to match my criteria of volume, high range and historical price movement with suitable risk vs reward setups. These stocks also have a lower market correlation and act inversely at times from the broader trend.
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1 |
$KORS- A sweet fake breakout to all time highs sent the longs selling away. Should be some great price action this coming week. |
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2 |
$NFLX- A series of upgrades and downgrades have sent this company in a commotion of volatile trading ranges. |
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3 |
$LVS-This crowd favorite has trended both long and short very well but watch out for the flash crashes! |
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4 |
$CLF- This has the intra-day range every day trader is looking for. If you can get on the right side of the trade you will be rewarded. |
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5 |
$TRIP-This sector is in a tailspin and this stock has been on a steady decline. It’s now below the 200 daily EMA and shows no signs of reversal yet. |
